Saturday, June 30, 2012

Vocera IPO

I know this is a bit of old news, but I have to many any San Jose-based IPOs. Vocera is mobile medical communications specialist that raised $94 million in their IPO late March. Unlike Facebook, their stock has actually been performing well. They were expecting stocks to initially trade at $12-14 per share, and the first day closed at $16. Now, a mere quarter later their stock is trading over 50% higher than their IPO debut.